Capsule hotel market to grow by close to USD50m, LXR set to make iconic debut in Italy and more...

Capsule hotel market to grow by close to USD50m
Monday, 27th November 2023

China and Japan are the key markets for the capsule hotel market in the region. Market growth in this region will be slower than the growth of the market in other regions.

Market is fragmented due to the presence of prominent companies like Book and Bed Tokyo, Container Hotel Group and CVS Bay Area Inc, and many more >>

IHG opens an eco-friendly InterContinental branded hotel in Kota Kinabalu
27 Nov 2023 : Stunning new destination resort has sustainability at its heart and marks key milestone in IHG’s Luxury & Lifestyle growth in Malaysia >>

LXR set to make iconic debut in Italy
23 Nov 2023 : Hilton has announced plans to open Italy’s first LXR Hotels & Resorts property, following a franchise agreement with Paval Holding and Apex Alliance >>

European hotel transactions news - November 27, 2023
27 Nov 2023 : Hotel news and transactions from around the European region: Hilton London Hyde Park sold to Dubai family office, Grupotel acquires the Hotel Club Cala Marsal in Mallorca and more >>

HIGHLIGHT ARTICLE

AI Isn't 100% Ready for Trip-Planning Just Yet
Monday, 27th November 2023

The leading travel sites have all introduced AI chatbots in time to plan holiday vacations — but you should double-check their work before you plunk down money, says Booking CEO Glenn Fogel. 'They have a terrible habit of hallucinating,' or giving wrong answers, Fogel noted in an interview with Axios >>

Tourist-Triggered Emotions
The study setting is particularly relevant as mainland Chinese tourists become more adventurous travellers. How do tourists in your town make you feel? The paper may help improve host–visitor relations in Hong Kong and abroad as tourist numbers pick up in the post-pandemic era >>

In case you've missed it: Global eNews of November 24, 2023
Real estate is alive and well on Sri Lanka's sunsoaked Southern Coast, Ennismore introduces branded residences and more >>